Business
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The Week in Business: Creeping Layoffs
Credit...Giacomo BagnaraWhat’s Up? (Jan. 22-28) Job Cuts, and Not Just in Tech What began as a wave of ominous job cuts by technology companies is rippling through other industries, most recently media and retail. In the last week alone, layoffs ...
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Netherlands and Japan Said to Join U.S. in Curbing Chip Technology Sent to China
A new agreement is expected to expand the reach of U.S. technology restrictions on China issued last year.
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Trump’s Evolution in Social-Media Exile: More QAnon, More Extremes
The former president, now free to post again on Facebook and Twitter, has increasingly amplified far-right accounts on Truth Social. Experts on extremism worry that he will bring this approach to a far wider audience.
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‘Buy Now, Pay Later’ Is the Victim of its Own Success
What once seemed like attractive economics have been upended by increasing competition and rising interest rates.
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How a Drug Company Made $114 Billion by Gaming the U.S. Patent System
In 2016, a blockbuster drug called Humira was poised to become a lot less valuable. The key patent on the best-selling anti-inflammatory medication, used to treat conditions like arthritis, was expiring at the end of the year. Regulators had blessed ...
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A Florida Judge Finds a New Job: Defending an Inmate
In a coda to the wrongful-conviction podcast “Bone Valley,” Judge Scott Cupp says he’ll step down to spring a man serving a life sentence for murder.
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Easy to Use, Mobile Payment Apps Are Also Easy to Misuse
While they have taken steps to help prevent mishaps, a new report finds they offer few protections if, for instance, users accidentally send money to the wrong person.
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Sam Bankman-Fried’s Prosecutors Ask Judge to Tighten Bail Conditions
The move followed the disgraced cryptocurrency executive’s attempt to contact a potential witness in his criminal case, prosecutors said.
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China’s Oil and Gas Use Fell in 2022 for First Time in Decades
Pandemic lockdowns curbed Chinese energy demand, but the International Energy Agency expects a rebound this year.
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Anthropic, an A.I. Start-Up, Is Said to Be Close to Adding $300 Million
Anthropic specializes in generative artificial intelligence, a hot investment in Silicon Valley. The new funding could value the company at roughly $5 billion.